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The Economic Development Zone Program was created in New York State to stimulate economic growth through a variety of tax Incentives and benefits to attract new businesses and enable existing businesses to expand and create more jobs.
The Newburgh-Stewart Economic Development Zone (EDZ) covers 1280 acres within the City of Newburgh, the Town of Newburgh and Town of New Windsor.
Certified businesses that make an investment and/or create new jobs in Newburgh-Stewart EDZ are eligible for a combination of state tax credits and benefits. This can mean very significant savings for the business owner.
Below is a list of the different types of benefits and incentives:
- Wage and Tax Credit
- Investment Tax Credit
- Employment Incentive Credit
- Sales Tax Refund
- Zone Capital Credit
- Special Low-Interest Loans and Priority Attention
For more information, go the following website:
www.newburgh-stewartedz.org
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City of Newburgh
Planning & Development
City Hall, Third Floor
83 Broadway
Jasmin Miranda
Business Services Coordinator
845.569.9400 ext. 204
Fax: 845.569.9700
jmiranda@cityofnewburgh-ny.gov
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Empire Zone Map
(Updated 2008, 520K)
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